Mon, Sep 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds approach upper end of long exposure

Tuesday, April 15, 2014

Bailey McCann, Opalesque New York:

Funds continued to add to their net long exposures for the second week, according to the latest hedge fund monitor data from Bank of America Merrill Lynch. Last week Opalesque reported on the beginning of this trend after hedge funds faced a few weeks of being whipsawed. Equity Long/Short market exposure at 40% net long; in line with 35-40% benchmark level; Market Neutral funds are 5% net long.

The Diversified Investible Hedge Fund Composite Index is down 0.59% for first week of Q2 versus S&P500 which is down 1.08% on a price returns basis till April 8. CTA advisors performed the best during this period, up 0.69%. Equity Long / Short performed the worst down 1.23%.

In terms of positions, funds decreased their long positioning in Soybean and Wheat futures but increased Corn futures. In metals, funds decreased Gold longs. They increased Silver longs and reduced Copper shorts. They increased Platinum longs and maintained palladium longs. In energy, funds increased their Crude longs and increased Natural Gas shorts but doubled Heating Oil shorts. They also decreased gasoline shorts.

......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. iCapital Network enters deal to acquire innovative U.S. private equity access fund platform from Deutsche Bank[more]

    Komfie Manalo, Opalesque Asia: Financial technology platform iCapital Network has entered into a definitive purchase agreement to acquire the US Private Equi

  2. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  3. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  4. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  5. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N